0001193125-21-233578.txt : 20210803 0001193125-21-233578.hdr.sgml : 20210803 20210802190800 ACCESSION NUMBER: 0001193125-21-233578 CONFORMED SUBMISSION TYPE: SC TO-C PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20210803 DATE AS OF CHANGE: 20210802 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Gabelli Go Anywhere Trust CENTRAL INDEX KEY: 0001635193 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C SEC ACT: 1934 Act SEC FILE NUMBER: 005-89622 FILM NUMBER: 211137358 BUSINESS ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580-1022 BUSINESS PHONE: 914-921-5100 MAIL ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580-1022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Gabelli Go Anywhere Trust CENTRAL INDEX KEY: 0001635193 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC TO-C BUSINESS ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580-1022 BUSINESS PHONE: 914-921-5100 MAIL ADDRESS: STREET 1: ONE CORPORATE CENTER CITY: RYE STATE: NY ZIP: 10580-1022 SC TO-C 1 d48522dsctoc.htm GABELLI GO ANYWHERE TRUST Gabelli Go Anywhere Trust

As filed with the Securities and Exchange Commission on August 2, 2021

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE TO

Tender Offer Statement Under Section 14(d)(1) or 13(e)(1)

of the Securities Exchange Act Of 1934

 

 

The Gabelli Go Anywhere Trust

(Name of Subject Company (Issuer))

The Gabelli Go Anywhere Trust

(Name of Filing Person (Issuer))

Common shares of beneficial interest, par value $0.001

(Title of Class of Securities)

36250J109

(CUSIP Number of Securities)

Peter Goldstein, Esq.

The Gabelli Go Anywhere Trust

One Corporate Center

Rye, New York 10580-1422

Telephone: (800) 422-3554

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of the Person(s) Filing Statement)

With a Copy to:

Thomas A. DeCapo, Esq.

Kenneth E. Burdon, Esq.

Skadden, Arps, Slate, Meagher & Flom LLP

500 Boylston Street

Boston, Massachusetts 02116

(617) 573-4800

 

 


Calculation of Filing Fee

 

Transaction Valuation   Amount of Filing Fee
N/A   N/A

 

 

Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

Amount previously paid:

  

Filing party: [    ]

Form or registration No.: [    ]

  

Date filed: [    ]

 

Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

 

 

Third-party tender offer subject to Rule 14d-1.

 

Issuer tender offer subject to Rule 13e-4.

 

Going-private transaction subject to Rule 13e-3.

 

Amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer ☐

 

 


INTRODUCTORY STATEMENT

This Tender Offer Statement on Schedule TO is filed by The Gabelli Go Anywhere Trust (the “Fund”) and relates to a pre-commencement communication by the Fund with respect to the Fund’s common shares of beneficial interest, par value $0.001 per share (“Common Shares”).

On August 2, 2021, the Fund issued a press release announcing the Fund’s intention to commence a tender offer to purchase for cash all of the Fund’s issued and outstanding Common Shares. The tender offer will only be made to current holders of Common Shares (“Shareholders”). The tender offer will commence on August 3, 2021, and will expire at 5:00 p.m., Eastern time on Friday, September 24, 2021, unless otherwise extended. Subject to various terms and conditions described in the offering materials to be distributed to Shareholders, purchases will be made at a price equal to 98% of the net asset value per Common Share.

Upon commencement of the tender offer, the Fund will file with the Securities and Exchange Commission (the “SEC”) a Schedule TO containing an offer to purchase, a form of letter of transmittal and related exhibits. These documents will contain important information about the tender offer and Shareholders are urged to read them carefully when they become available. Shareholders may obtain free copies of the “Tender Offer Statement” and other documents (when they become available) filed with the SEC at the SEC’s web site at www.sec.gov. In addition, free copies of the Tender Offer Statement and other documents filed with the SEC may also be obtained after the commencement of the tender offer by directing a request to Gabelli Funds, or by calling (800) 422-2554.

ITEMS 1 THROUGH 11.

Not applicable.

ITEM 12. EXHIBITS.

 

        99.1    Press Release, dated May 14, 2021 (incorporated by reference to Exhibit 99.1 to the Fund’s Schedule TO-C filed May 14, 2021).
        99.2    Press Release, dated August 2, 2021.

ITEM 13. INFORMATION REQUIRED BY SCHEDULE 13E-3.

Not applicable.


EXHIBIT INDEX

 

Exhibit No.

    

Document

 

99.1        

    

 

Press Release, dated May 14, 2021 (incorporated by reference to Exhibit 99.1 to the Fund’s Schedule TO-C filed May 14, 2021).

99.2              Press Release, dated August 2, 2021 (Filed herewith).
EX-99.2 2 d48522dex992.htm PRESS RELEASE, DATED AUGUST 2, 2021 Press Release, dated August 2, 2021

LOGO

  

                                                 THE GABELLI GO ANYWHERE TRUST

                                                                 Investor Relations Contact:

                                                                 David Schachter

                                                                 (914) 921-5057

                                                                  dschachter@gabelli.com

PRESS RELEASE

For Immediate Release

GABELLI GO ANYWHERE TRUST

ANNOUNCES OFFER TO PURCHASE ANY AND ALL

OUTSTANDING COMMON SHARES

Rye, NY – August 2, 2021 –The Gabelli Go Anywhere Trust (NYSE American: GGO) (the “Fund”) announced today that the Board of Trustees of the Fund has approved an issuer tender offer to purchase for cash all of the Fund’s issued and outstanding common shares of beneficial interest, par value $0.001 per share (the “Shares”) (the “Offer”). The Offer will commence on August 3, 2021, and will expire at 5:00 p.m., Eastern time, on Friday, September 24, 2021, unless otherwise extended. Subject to various terms and conditions described in offering materials to be distributed to shareholders, purchases will be made at a price equal to 98% of the net asset value (“NAV”) per Share determined as of the close of the regular trading session of the NYSE American LLC (the “NYSE American”), the principal market on which the Shares are traded, on the last business day prior to the day the offer expires (the “Pricing Date”). The terms and conditions of the Offer will be set forth in an offer to purchase, a related letter of transmittal, and related documents.

The Shares are traded on the NYSE American under the symbol “GGO.” As of July 30, 2021, the Fund had 1,546,852 Shares outstanding; its NAV per Share was $17.24 and its market price per Share was $16.21, representing a discount of 5.97% to NAV. The NAV on the Pricing Date may be higher or lower than the NAV as of July 30, 2021, and the discount to NAV at which the Shares trade may be greater or lesser than the discount as of July 30, 2021. During the pendency of the Offer, Shareholders may contact Morrow Sodali LLC, the Fund’s Information Agent (the “Information Agent”), toll free at (800) 662-5200, between 9:00 a.m. and 11:00 p.m., Eastern time, Monday through Friday, to obtain the current NAV per share for the Shares.

This press release is neither an offer to purchase nor a solicitation of an offer to sell any securities of the Fund. The solicitation and the offer to purchase common shares of the Fund will be made pursuant to an offer to purchase and related materials that the Fund intends to file with the SEC. At the time the Offer is commenced, the Fund intends to file a Tender Offer Statement on Schedule TO containing an offer to purchase, forms of letters of transmittal and other documents relating to the Offer. The Fund intends to mail these documents to the shareholders of the Fund. These documents will contain important information about the Offer and shareholders of the Fund are urged to read them carefully when they become available. Investors may obtain free copies of the Tender Offer Statement and other documents (when they become available) filed with the SEC at the SEC’s web site at www.sec.gov. In addition, free copies of the Tender Offer Statement and other documents filed with the SEC may also be obtained after the commencement of the Offer by directing a request to: Gabelli Funds, or by calling (800) 422-3554.


Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund before investing. More information regarding the Fund’s distribution policy and other information about the Fund is available by calling 800-GABELLI (800-422-3554) or visiting www.gabelli.com.

About Gabelli Go Anywhere Trust

The Gabelli Go Anywhere Trust is a non-diversified, closed-end management investment company whose primary investment objective is total return, consisting of capital appreciation and current income. The Fund is managed by Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc. (NYSE:GBL).

NYSE American: GGO

CUSIP – 36250J109

For Information:

David Schachter

(914) 921-5057

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